Oil Down as Rate Hikes Rekindle Recession Fears
Oil’s three-day rally ended as policymakers made clear they would continue tightening economic reins in the fight against inflation, reigniting fears of a global slowdown.
Oil’s three-day rally ended as policymakers made clear they would continue tightening economic reins in the fight against inflation, reigniting fears of a global slowdown.
Oil and industrial metals declined as President Trump's renewed tariff threats against Canada and Mexico stoked fears of slower global growth, while gold rose as a haven for cautious investors.
'The system is going to drop a blanket of snow across the entire Gulf south'.
The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook.
'Through this transaction we position ourselves in the California market, one of the most relevant for the development of renewables, further diversifying Plenitude presence in the United States'.
China is still driving growth in global oil demand, the head of Saudi Aramco said.